The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALLY FINANCIAL I COM 02005N100 2,418 99,670 SH   SOLE   0 0 0
ALPHABET INC. CL 'A' CAP STK CL A 02079K305 29,567 30,365 SH   SOLE   0 0 0
ALPHABET INC. CL 'C' CAP STK CL C 02079K107 359 374 SH   SOLE   0 0 0
ANHEUSER-BUSCH INBEV SPN ADR SPONSORED ADR 03524A108 2,047 17,157 SH   SOLE   0 0 0
APPLE INC. COM 037833100 400 2,595 SH   SOLE   0 0 0
APPLIED DNA SCIENCES INC COM NEW 03815U201 57 20,000 SH   SOLE   0 0 0
BANK OF AMERICA CORP. COM 060505104 49,587 1,956,850 SH   SOLE   0 0 0
BELMOND LTD-A CL A G1154H107 3,396 248,790 SH   SOLE   0 0 0
BERKSHIRE HATHAWAY CL. A CL A 084670108 32,145 117 SH   SOLE   0 0 0
BERKSHIRE HATHAWAY INC. CL B CL B NEW 084670702 4,354 23,752 SH   SOLE   0 0 0
BIOTIME INC COMMON COM 09066L105 34 11,800 SH   SOLE   0 0 0
CENTENNIAL RES-A CL A 15136A102 927 51,590 SH   SOLE   0 0 0
CENTURYLINK INC. COM 156700106 13,042 690,061 SH   SOLE   0 0 0
CHARTER COMMUNICATION - A CL A 16119P108 40,396 111,154 SH   SOLE   0 0 0
CITIGROUP INC. COM NEW 172967424 1,225 16,839 SH   SOLE   0 0 0
COMCAST CORPORATION 'A' CL A 20030N101 1,689 43,901 SH   SOLE   0 0 0
CVS HEALTH CORP. COM 126650100 43,133 530,404 SH   SOLE   0 0 0
DAVE & BUSTER'S ENTERTAINMEN COM 238337109 1,966 37,470 SH   SOLE   0 0 0
DEVON ENERGY CORPORATION COM 25179M103 1,476 40,210 SH   SOLE   0 0 0
DIAGEO PLC-SPONS ADR SPON ADR NEW 25243Q205 12,222 92,500 SH   SOLE   0 0 0
DIAMONDBACK ENERGY INC COM 25278X109 1,288 13,150 SH   SOLE   0 0 0
ECOLAB INC. COM 278865100 2,742 21,318 SH   SOLE   0 0 0
EXTENDED STAY AMERICA INC. UNIT 99/99/9999B 30224P200 29,826 1,491,315 SH   SOLE   0 0 0
EXXON MOBIL CORPORATION COM 30231G102 2,050 25,000 SH   SOLE   0 0 0
FOMENTO ECON-ADR SPON ADR UNITS 344419106 8,462 88,580 SH   SOLE   0 0 0
FORTINET INC COM 34959E109 19,739 550,739 SH   SOLE   0 0 0
FORTUNE BRANDS HOME & SECURITY COM 34964C106 14,766 219,627 SH   SOLE   0 0 0
GENERAL GROWTH PROPERTIES COM 36174X101 21,031 1,012,543 SH   SOLE   0 0 0
GENERAL MOTORS CO. COM 37045V100 30,689 760,013 SH   SOLE   0 0 0
GLOBANT SA COM L44385109 14,577 363,794 SH   SOLE   0 0 0
HILLTOP HOLDINGS COM 432748101 15,079 579,960 SH   SOLE   0 0 0
HOME DEPOT INC. COM 437076102 39,375 240,734 SH   SOLE   0 0 0
ISHARES RUSSELL 200 Jan/131 PO PUT IWM01P131 314 3,000 SH   SOLE   0 0 0
JOHNSON CONTROLS INC. SHS G51502105 10,729 266,301 SH   SOLE   0 0 0
JP MORGAN CHASE & CO. COM 46625H100 52,752 552,320 SH   SOLE   0 0 0
KANSAS CITY SOUTHERN INDS. COM NEW 485170302 30,664 282,153 SH   SOLE   0 0 0
KAYNE ANDERSON A COM CL A 48661U201 487 48,560 SH   SOLE   0 0 0
KENNEDY-WILSON HOLDINGS INC. COM 489398107 2,483 133,873 SH   SOLE   0 0 0
KINGSWAY FINANCIAL SERVICES COM NEW 496904202 1,220 200,000 SH   SOLE   0 0 0
LEVEL 3 COMMUNICATIONS INC. COM NEW 52729N308 33,900 636,140 SH   SOLE   0 0 0
LIBERTY MEDIA CORP-LIBERTY-C COM SER C FRMLA 531229854 2,554 67,060 SH   SOLE   0 0 0
LIONS GATE ENTERTAINMENT-A CL A VTG 535919401 508 15,196 SH   SOLE   0 0 0
LIONS GATE ENTERTAINMENT-B CL B NON VTG 535919500 483 15,196 SH   SOLE   0 0 0
LLOYDS TSB GROUP PLC SPONS ADR SPONSORED ADR 539439109 49 13,400 SH   SOLE   0 0 0
MADISON SQUARE GARDEN CO A NEW CL A 55825T103 84,070 392,667 SH   SOLE   0 0 0
MASTERCARD INC-CLASS A CL A 57636Q104 28,979 205,231 SH   SOLE   0 0 0
MICROSOFT CORPORATION COM 594918104 224 3,000 SH   SOLE   0 0 0
MOHAWK INDUSTRIES INC. COM 608190104 16,877 68,188 SH   SOLE   0 0 0
NOVARTIS AG-ADR SPONSORED ADR 66987V109 22,022 256,515 SH   SOLE   0 0 0
NXP SEMICONDUCTORS NV COM N6596X109 22,118 195,578 SH   SOLE   0 0 0
ORACLE CORPORATION COM 68389X105 42,668 882,476 SH   SOLE   0 0 0
PATTERSON-UTI ENERGY INC. COM 703481101 798 38,090 SH   SOLE   0 0 0
PFIZER INC. COM 717081103 25,239 706,967 SH   SOLE   0 0 0
POWERSHARES QQQ $128 PUT 12/15 PUT QQQ12P128 306 6,000 SH   SOLE   0 0 0
QQQ US 12/17 P132.00 PUT QQQ12P132 693 9,000 SH   SOLE   0 0 0
REINSURANCE GROUP OF AMERICA A COM NEW 759351604 1,183 8,479 SH   SOLE   0 0 0
RETAIL OPPORTUNITY INVESTMENT COM 76131N101 399 21,000 SH   SOLE   0 0 0
RSP PERMIAN INC COM 74978Q105 2,362 68,278 SH   SOLE   0 0 0
SANTANDER CONSUMER USA HOLDI COM 80283M101 497 32,311 SH   SOLE   0 0 0
SPROTT PHYSICAL GOLD TRUST UNIT 85207H104 108 10,320 SH   SOLE   0 0 0
STARBUCKS CORP. COM 855244109 30,207 562,406 SH   SOLE   0 0 0
SYNCHRONY FINANC COM 87165B103 29,363 945,663 SH   SOLE   0 0 0
THE BLACKSTONE GROUP LP COM UNIT LTD 09253U108 28,235 846,110 SH   SOLE   0 0 0
TOLL BROTHERS INC. COM 889478103 27,580 665,060 SH   SOLE   0 0 0
TOTAL SA SPON ADR SPONSORED ADR 89151E109 10,712 200,150 SH   SOLE   0 0 0
VISA INC-CLASS A SHARES COM CL A 92826C839 21,028 199,812 SH   SOLE   0 0 0